oh make no mistake. this isn't a squeeze, they pulled like 800k short yesterday, so they covered that early on, and yesterday they covered the smaller short they pulled the day before that.
it's hard to say what how they are thinking about covering their shorts. they definitely have a few pressures against them. and like someone said an important nugget with yesterday's announcement was that EML confirmed that it would still be meeting its guidance for 2022 even after the war in Ukraine.
maybe they are going going to cover in a two steps forward one step back method. if it was a squeeze you would have seen alot more volume and single days gains of at least 15%-30%. but thats not to say we are not working up to a squeeze.
EML Chart, page-1125
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Last
67.0¢ |
Change
-0.040(5.63%) |
Mkt cap ! $253.4M |
Open | High | Low | Value | Volume |
70.0¢ | 70.0¢ | 66.5¢ | $1.111M | 1.635M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 109155 | 66.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
67.0¢ | 4999 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 95155 | 0.665 |
10 | 178848 | 0.660 |
5 | 91592 | 0.655 |
11 | 114407 | 0.650 |
1 | 8646 | 0.645 |
Price($) | Vol. | No. |
---|---|---|
0.670 | 4999 | 1 |
0.675 | 8646 | 1 |
0.680 | 32439 | 3 |
0.685 | 9826 | 2 |
0.690 | 28646 | 2 |
Last trade - 16.10pm 13/11/2024 (20 minute delay) ? |
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EML (ASX) Chart |